Reliance ADAG, Hinduja Group in talks for mega defence alliance

26 Dec 2017, 01:36PM ISTSource: ET Now

According to sources, managements of Reliance Anil Dhirubhai Ambani Group (ADAG) as well as Hinduja Group are in advanced talks for mega defence alliance which will be spearheaded by Reliance Naval & Engineering and & Ashok Leyland. An official MoU may be announced by both the companies in Jan 2018.